Tag: asking price

Hometrack: housing market holds steady

Hometrack: housing market holds steady

The housing market in England and Wales is “in broad equilibrium” despite prices continuing to edge lower, according to Hometrack, which recorded a 0.1% fall in the value of the typical dwelling in July, compared with June. However, there are wide regional variations: prices moved higher across 8% of postcodes (primarily in London) and were [...]

July 25, 2011 | 0 Comments More
Asking prices stall as stock levels rise

Asking prices stall as stock levels rise

The average asking price of a UK home has remained stable in July, with growth stalled by a surge of properties for sale. According to FindaProperty.com’s latest House Prices and Affordability Index, a combination of sellers keen to take advantage of recent price growth, and renewed confidence following the Budget, resulted in stock levels rising [...]

July 13, 2010 | 0 Comments More
Rightmove: asking prices set to fall

Rightmove: asking prices set to fall

The average asking price for a home in the UK increased by 0.3% in June, compared with May, according to Rightmove. However, the sixth consecutive monthly rise left prices falling in real terms, with the Retail Prices Index showing an annual increase of 5.1% in June, compared with a year-on-year rise in asking prices of [...]

June 22, 2010 | 0 Comments More
Hometrack puts February house prices 0.3% ahead

Hometrack puts February house prices 0.3% ahead

Hometrack has reported a 0.3% rise in house prices in February, compared to January. Southern England continued to see the greatest upward pressure on prices, with average values in London up by 0.7% in the month. According to the housing intelligence firm, February also saw the first year-on-year rise since March 2008, at 0.4%, and [...]

March 2, 2010 | 0 Comments More
Average asking price of a UK home up 3.2%

Average asking price of a UK home up 3.2%

Rightmove has reported that a scarcity of new sellers bumped up asking prices by 3.2% in the four weeks to mid-February, taking the average asking price for a UK home to £229,298. The figure compares with £222,261 in January, which saw a monthly change of 0.4%. The leap set a new record for London at [...]

February 16, 2010 | 0 Comments More
Rightmove asking prices down 2.2%

Rightmove asking prices down 2.2%

Rightmove has reported that the average asking price for a home in England and Wales fell for the second consecutive month during December. The property website recorded a typical 2.2% drop in vendors’ ambitions over the four weeks to 5th December (to £221,463) following a 1.6% decline during the previous four week period. Meanwhile, the [...]

December 15, 2009 | 0 Comments More
Asking prices up 0.6% after August dip

Asking prices up 0.6% after August dip

In its latest monthly round up, Rightmove.co.uk has revealed that the average asking price of a UK home increased 0.6% in September. According to the property portal, the rise puts the average vendor’s ambitions at £223,996, up from £222,762 in August. While September’s average asking price is 1.5% lower than this time last year, it [...]

September 22, 2009 | 0 Comments More
London’s property market bounce to be short lived

London’s property market bounce to be short lived

August 28, 2009 | 0 Comments More
Rightmove’s average asking price up 0.6%

Rightmove’s average asking price up 0.6%

Rightmove has reported a 0.6% rise in asking prices in July, taking the average vendor’s ambitions to £227,864. The property portal therefore suggests that given June’s slight fall of 0.4%, the UK housing market could remain in a “steady state” during the second half of 2009. According to the firm, the best time to pick [...]

July 20, 2009 | 0 Comments More
House prices stable in June

House prices stable in June

A scarcity of housing is propping up house prices in England and Wales, with growth in demand strongest in southern England. So says housing intelligence firm, Hometrack, as it reports that prices remained stable in June, for the second consecutive month. The market is now showing an annual decline of 8.7%, having eased from 9.6% [...]

June 30, 2009 | 0 Comments More
Asking prices up 2.4% as vendors mourn loss of equity

Asking prices up 2.4% as vendors mourn loss of equity

The average asking price of a home in England and Wales has increased for the fourth consecutive month, according to Rightmove. The property website has reported a 2.4% rise in the four weeks to 9th May, equating to a jump of £5,000 in the average vendor’s ambitions and taking the average asking price to £227,441. [...]

May 18, 2009 | 0 Comments More
Property asking prices fall but signs of recovery emerge

Property asking prices fall but signs of recovery emerge

Thus far in April, asking prices have fallen by an annual 7.3 percent according to Rightmove.co.uk and is the smallest drop since January. In addition to an annual 9 percent fall in March, it seems as though asking prices and, in turn, house prices are beginning to level out as credit is becoming more readily [...]

April 20, 2009 | 1 Comment More
Britons resigned to housing market downturn

Britons resigned to housing market downturn

New research from Unbiased.co.uk indicates that the majority of Britons are not expecting to see house prices rise during 2009. In a recent survey by the mortgage advice website, 58% of respondents said they were not anticipating an upturn this year, while 18% didn’t see any prospect of an improvement until at least 2011. Twenty-eight [...]

April 9, 2009 | 0 Comments More
Redrow’s house sales fall 49%

Redrow’s house sales fall 49%

Housebuilder, Redrow, reported a 58% fall in revenues in the second half of 2008 leaving the company facing a pre-tax loss of £46.2 million, compared with a profit of £35.8 million in the same period of 2007. Falling sales and lower selling prices were to blame; during the second half of last year, the company [...]

February 24, 2009 | 0 Comments More
Asking prices slashed by £6,500 but homes still not selling

Asking prices slashed by £6,500 but homes still not selling

According to a report by property search website, Rightmove, homeowners are slashing their asking prices by £6,500 in a bid to sell their home. In the four weeks to November 8, the average asking price of a home in England and Wales was £223,000 - a 2.9% decrease on the previous month and the largest [...]

November 17, 2008 | 0 Comments More
Average asking price for a home falls £4,345 in a month

Average asking price for a home falls £4,345 in a month

Rightmove has reported that the average asking price of a UK home fell by 1.8% between June and July, indicating vendors’ acquiescence to a significant market downturn. According to the website, the rate of decline took £4,345 off the asking price of the average property and outstripped the previous record for July when, in 2005, [...]

July 21, 2008 | 0 Comments More
Property prices ignore spring and continue slide

Property prices ignore spring and continue slide

As the Bank of England puts the finishing touches to its £50 billion rescue package for the UK’s banks, latest figures from Rightmove indicate that the housing market is headed for a crash, unless the mortgage famine is relieved. The property website has revealed that in April, asking prices have been falling, despite spring traditionally [...]

April 21, 2008 | 0 Comments More